CHECKING PRODUCTS
Checking account that earns up to 5% APY on balances up to and including $25,000.00
What is Checking Plus?
A free service offered to all account holders by Keesler Federal that provides a credit score and credit report through a "soft inquiry," with TransUnion
What is SavvyMoney?
The person responsible for a Social Security account
What is a Representative Payee?
The minimum dollar amount to open a jumbo certificate of deposit
What is $100,000.?
What is 7.5%?
The minimum age for minor to have a checking account
What is 12 years old?
The tab that allows members to manage their ATM, debit, and credit cards through their Keesler Federal Everywhere account. It shows all active cards with the members name, last four of card number, card description, and expiration date.
What is Card Management?
The KFCU department that specializes in assisting with special accounts
What is Retail Support?
The Specfile used to access CD and IRA forms?
What is ACCT.STATUS?
The Specfile used to show all electronic transactions and is a great tool for potential buyout cross-sales
What is ELEC.TRANS?
What are Ultimate Benefits?
This allows the member to electronically deposit a check into their account without having to visit a local branch
What is DepositNOW?
This type of special account is a clearinghouse for a deceased member's assets
What is an Estate account?
The type of IRA where contributions are never tax deductible
What is Roth IRA?
The maximum dollar amount of unsecured credit that KFCU can loan to members
What is $25,000?
The maximum amount in monthly ATM withdrawal fee refunds with Checking Plus or Checking Pays
What is $25.00 total/max $4.99 per transaction?
The person-to-person payment (P2P) solution that lets members easily and instantaneously send, receive, and split money directly between participating financial institutions
What is Zelle?
This is an individual with the legal responsibility to care for a child or adult who is incapable of taking care of themselves due to age or lack of capacity
What is a Conservator or Guardian?
Withdrawals that must be made at age 73 (70 ½ if you reach 70 ½ before January 1, 2020) and are for Traditional IRAs only
Required Minimum Distribution
The KFCU credit card earning 1 point for every dollar spent
What is VISA Platinum?
The qualifications for checking account rewards
What are at least 12 debit card purchases, at least one ACH or direct deposit, and enrolled in eStatements?
This view provides a list of all accounts associated with the members social security number, SavvyMoney link, Link External Accounts, Quick Bill Pay, recent transfers and messages, upcoming transfers, Important News, and Quick Links.
What is Dashboard?
This type of Guardianship account requires a court order stating what funds can be withdrawn
What is Restricted?
The KFCU CD that is currently earning the highest APY
What is 8-month CD (4.01% APY)?
The product that helps protect members against financial loss if their vehicle is stolen or declared a total loss by waiving the difference between members’ primary insurance settlement and their vehicle loan balance.
What is Guaranteed Asset Protection (aka GAP)?